U.S. and Iran Sign Memorandum to End 106-Day Conflict, Reopen Strait of Hormuz
On Sunday, the United States and the Islamic Republic of Iran announced that they will sign a memorandum of understandin...
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Strait of Hormuz Reopens, Oil Prices Ease, but Indian Fuel Costs May See Only Modest Relief
The Strait of Hormuz, the narrow channel that links the Persian Gulf to the Gulf of Oman, has reopened after the United ...
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Rupee Gains as Oil Prices Fall After US-Iran Ceasefire
The Indian rupee surged to 94.4625 per dollar on Monday, its strongest level in seven weeks, as global oil prices slippe...
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Oil Prices Ease from Wartime Peaks, but Traders Await Formal Agreement on Strait of Hormuz Reopening
Oil prices are sliding back from wartime highs, offering a breath of relief to consumers and businesses. Yet, market exp...
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